2020-6-22 12:06 |
Stock markets settling provides the background to a calmer status quo for Bitcoin, but upcoming events could soon change the mood.
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Since its inception, Bitcoin has exhibited a highly volatile nature. However, during the past few days, Bitcoin’s price volatility has fallen to the lowest level of 2018. The U. S. Securities and Exchange Commission (SEC) will most likely view Bitcoin’s calmer price oscillations favorably.
2018-10-8 01:00 | |
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Bitcoin retreated amid clashes in the Strait of Hormuz and rising oil prices. Analysts argue that a limited appetite for full‑scale escalation caps downside risk. Bulls aim for a rebound toward $82,000, but bears could target a breakdown below $78,000.
Key takeaways Bitcoin briefly topped the $81,000 mark on Tuesday, the highest level in three months. Crypto sentiment improves, with inflows into US-listed spot ETFs totaling $154 million last week.
Bitcoin dropped to lows of $74,958 before stabilizing above $75,000. The decline also coincided with tighter liquidity in traditional equity markets. Crypto stocks fell sharply as short‑term volatility hit risk assets.
TL;DR BTC briefly touched the $79k level during the late hours of Sunday. US-listed spot BTC ETFs recorded inflows of over $820 million last week, marking the fourth straight week of positive flows.
Key takeaways Bitcoin price rallies higher, trading above $78,000 on Wednesday after surging nearly 6% so far this week. US-listed spot ETF recorded a mild inflow of $11. 84 million on Tuesday amid uncertainty over US-Iran peace talks.
Key takeaways BTC eases back from 76k, a monthly high. Technical indicators suggest further correction in the near term. Bitcoin has dropped below $74,000 after pulling back from a monthly high earlier this week.
Key takeaways BTC is approaching $75,000 after adding nearly 5% to its value since Monday. The rally comes despite the ongoing crisis in the Middle East. Bitcoin (BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day.